1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Specialty Retail
PT Map Aktif Adiperkasa Tbk

PT Map Aktif Adiperkasa Tbk

MAPA.JK
PT Map Aktif Adiperkasa TbkID flagIndonesia Stock Exchange
590.00
IDR
-25.00
- -
16.82TMarket Cap
PT Map Aktif Adiperkasa Tbk
MAPA.JK
(Indonesia Stock Exchange)

Recent

price

590.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
190.49
213.28
239.11
262.17
167.75
211.97
343.85
475.67
602.88
676.39
517.98
Revenue per Share
10.79
12.29
13.53
24.09
0.07
8.8
41.24
48.71
47.5
60.37
47.43
Basic EPS, GAAP
-3.65
-7.09
-10.52
-10.09
-3.73
-3.94
-13.16
-33.72
-44
-34
-24.44
Free Cash Flow per Basic Share
7.6
8.82
- -
- -
- -
- -
- -
4
5
4
- -
Dividend per Share
41.8
45.17
56.49
76.08
75.63
83.98
125.22
169.75
212.08
268.27
284.78
Book Value per Share
37.91
41.09
90.29
106.59
102.21
110.05
153.76
202.01
246.32
306.76
322.09
Tangible Book Value per Share
23,800
23,800
26,120
28,504
28,504
28,504
28,504
28,504
28,504
28,504
28,504
Basic Weighted Avg Shares
4,533,664
5,076,181
6,245,547
7,472,911
4,781,480
6,042,002
9,801,240
13,558,595
17,184,426
19,279,923
14,764,566
Sales/Revenue/Turnover
10.07
11.4
13.88
12.92
1.23
7.41
16.36
14.68
12.25
12.9
17.78
Operating Margin (%)
111,344
125,354
145,164
174,882
616,183
615,895
662,509
910,891
1,193,856
1,460,516
1,149,503
Depreciation Expense
256,797
292,593
353,411
686,771
2,078
250,752
1,175,458
1,388,473
1,353,998
1,720,895
1,351,884
Net Income, GAAP
30.88
34.07
39.68
27.79
- -
34.13
23.61
25.92
27.96
25.13
23.91
Effective Tax Rate (%)
5.66
5.76
5.66
9.19
0.04
4.15
11.99
10.24
7.88
8.93
9.16
Profit Margin (%)
1,582,791
1,571,580
1,728,708
2,253,032
1,578,826
1,918,974
2,688,691
2,778,539
3,001,237
4,364,757
4,589,829
Working Capital
1,088,739
1,095,396
- -
- -
348,998
317,770
611,835
966,109
1,220,948
1,078,512
1,090,768
LT Debt
906,943
981,604
2,378,048
3,055,276
3,010,518
3,231,400
4,473,331
5,877,355
7,119,754
8,843,393
9,281,046
Total Equity
- -
18.27
20.71
23.26
- -
7
24.49
20.61
16.62
17.98
18.48
Return on Invested Capital (%)
- -
13.88
17.09
33.55
- -
9.91
30.45
23.88
18.45
20.08
15.05
Return on Capital (%)
- -
28.27
27.71
37.69
0.1
11.02
39.43
33.03
24.88
25.14
18.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
799,440
808,283
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1,078,512
1,090,768
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
28,504
28,504
Market Capitalization
15,392,160
19,097,680
17,815,000

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
8,131,823
8,270,682
Cash, Cash Equivalents & STI
- -
1,457,837
1,423,522
Accounts Receivable, Net
- -
381,238
298,666
Inventories
- -
5,654,063
5,962,666
Total Current Liabilities
- -
3,767,066
3,680,853
Payables & Accruals
- -
- -
- -
ST Debt
- -
799,440
808,283
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.5%
24.21%
Free Cash Flow
- -
80.69%
-22.73%
Net Income, GAAP
- -
2,475.7%
27.1%
Sales/Revenue/Turnover
- -
33.17%
12.19%
Total Cash Common Dividend
- -
- -
-20%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,693,122
4,193,880
4,532,879
4,764,545
17,184,426
2025
4,319,434
4,475,202
- -
5,334,637
19,279,923
2026
4,954,727
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.87
- -
- -
- -
47.5
2025
11.93
- -
- -
- -
60.37
2026
16.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
4
2026
- -
- -
- -
- -
- -
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Business
PT Map Aktif Adiperkasa Tbk (MAPA.JK) operates as a leading sporting goods retailer and brand commerce provider across Southeast Asia, focusing on sports, kids, leisure, and lifestyle segments; it retails sports footwear, apparel, golf equipment, kids' products including toys, rackets, watches, sunglasses, and accessories through over 1,800 stores and 30 e-commerce platforms in more than 100 cities across seven countries including Indonesia, the Philippines, Vietnam, Thailand, Singapore, and Malaysia. The company manages over 40 exclusive international brands and operates retail concepts such as Planet Sports Asia, Sports Station, Royal Sporting House, The Athlete's Foot, Planet Sports Kids, Golf House, Payless, Ogaan, and Kidz Station, alongside its proprietary Astec fitness and lifestyle brand launched in 2018. Founded in 2015 as a subsidiary of PT Mitra Adiperkasa Tbk and headquartered at Sahid Sudirman Center in Jakarta, Indonesia, it serves wholesale and retail customers through dedicated sales segments. Recent developments include winning multiple awards in 2024 such as Retail Expansion Leader, Retail of the Year from Disney Indonesia, ALDO Group Award for Best 360 Marketing, and Retail Asia Awards Footwear Retailer of the Year; expansions into Singapore and Malaysia in 2022; and a partnership with Foot Locker, Inc. as of 2025, amid ongoing growth under parent company PT Mitra Adiperkasa Tbk, which faced an acquisition by Singapore-based Pacific Universal Investments Pte Ltd in 2025.